Common use of Purchase and Sale; Purchase Price Clause in Contracts

Purchase and Sale; Purchase Price. Allocation and Other Related Matters 17 2.1 Purchase and Sale 17 2.2 Purchase Price 17 2.3 Estimated Purchase Price 18 2.4 Payment of the Purchase Price 18 2.5 Earnout 19 2.6 Closing Balance Sheet 24 2.7 Purchase Price Settlement 25 2.8 Indemnification Escrow Funds 25 2.9 Transfer Taxes and Vehicle Registration Fees 25 2.10 Allocation 26 2.11 Withholding 26 ARTICLE III Closing and Closing Date Deliveries 26 3.1 Closing 26 3.2 Closing Deliveries by Seller 26 3.3 Closing Deliveries by Purchaser 28 3.4 Cooperation 29 ARTICLE IV Pre-Closing Filings 29 4.1 Government Filings 29 ARTICLE V Pre-Closing Covenants 31 5.1 Due Diligence Review 31 5.2 Maintenance of Business and Notice of Changes 31 5.3 Pending Closing 31 5.4 Consents 33 5.5 Commercially Reasonable Efforts to Close 33 ARTICLE VI Financial Statements; Disclosure Schedule 34 6.1 Pre-Signing Deliveries 34 ARTICLE VII Representations and Warranties of Seller 34 7.1 Due Organization; Equity Interests 34 7.2 Authority 35

Purchase and Sale; Purchase Price. Allocation and Other Related Matters 17 CLOSING 1 Section 2.1 Purchase and Sale 17 1 Section 2.2 Purchase Price 17 1 Section 2.3 Estimated Closing Estimates; Closing Date Payment; Escrow 2 Section 2.4 Post-Closing Purchase Price 18 2.4 Payment Reconciliation 3 Section 2.5 Escrow 5 Section 2.6 Closing; Closing Deliveries 5 Section 2.7 Accounts Receivable 8 Section 2.8 Withholding Rights 9 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER 9 Section 3.1 Title to the Purchased Interests 9 Section 3.2 Authorization and Enforceability 10 Section 3.3 Existence and Qualification 10 Section 3.4 No Conflicts 10 Section 3.5 Litigation 10 Section 3.6 Brokers’ Fees 10 Section 3.7 No Bankruptcy 11 Section 3.8 Assets and Operations of the Purchase Price 18 2.5 Earnout Business 11 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE SELLER REGARDING THE COMPANY ENTITIES 11 Section 4.1 Existence and Qualification 11 Section 4.2 No Conflicts 12 Section 4.3 Capitalization; Subsidiaries 12 Section 4.4 Litigation 12 Section 4.5 Financial Statements 13 Section 4.6 Absence of Certain Changes 14 Section 4.7 Taxes 14 Section 4.8 Compliance with Laws; Permits 16 Table of Contents Section 4.9 Contracts 17 Section 4.10 Environmental Matters 19 2.6 Closing Balance Sheet Section 4.11 Intellectual Property 20 Section 4.12 Brokers’ Fees 24 2.7 Purchase Price Settlement 25 2.8 Indemnification Escrow Funds 25 2.9 Transfer Taxes Section 4.13 Real Property 24 Section 4.14 Personal Property 26 Section 4.15 Insurance 26 Section 4.16 Employment Matters 27 Section 4.17 Labor Relations 30 Section 4.18 Employee Benefit Plans 31 Section 4.19 Books and Vehicle Registration Records; Bank Accounts 33 Section 4.20 No Bankruptcy 34 Section 4.21 Transactions with Interested Persons 34 Section 4.22 Undisclosed Liabilities 34 Section 4.23 Inventory 34 Section 4.24 Accounts Receivable 35 Section 4.25 Certain Payments; FCPA; OFAC; Money Laundering Laws 35 Section 4.26 Significant Suppliers and Customers 36 Section 4.27 Rebates 37 Section 4.28 Product Warranties; Products Liability; Product Recalls 37 Section 4.29 Title to Assets; Sufficiency of Assets 38 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF PURCHASER 38 Section 5.1 Existence and Qualification 38 Section 5.2 Authorization and Enforceability 38 Section 5.3 No Conflicts 39 Section 5.4 Brokers’ Fees 25 2.10 Allocation 26 2.11 Withholding 26 39 Section 5.5 Litigation 39 Section 5.6 No Bankruptcy 39 Section 5.7 Investment Purpose 39 ARTICLE III Closing and Closing Date Deliveries 26 3.1 Closing 26 3.2 Closing Deliveries by Seller 26 3.3 Closing Deliveries by Purchaser 28 3.4 Cooperation 29 ARTICLE IV Pre-Closing Filings 29 4.1 Government Filings 29 ARTICLE V Pre-Closing Covenants 31 5.1 Due Diligence Review 31 5.2 Maintenance 6 COVENANTS OF THE PARTIES 40 Table of Business and Notice of Changes 31 5.3 Pending Closing 31 5.4 Consents 33 5.5 Commercially Reasonable Efforts to Close 33 ARTICLE VI Financial Statements; Disclosure Schedule 34 6.1 Pre-Signing Deliveries 34 ARTICLE VII Representations and Warranties of Seller 34 7.1 Due Organization; Equity Interests 34 7.2 Authority 35Contents

Purchase and Sale; Purchase Price. Allocation and Other Related Matters 17 10 2.1 Purchase and Sale 17 10 2.2 Determination Purchase Price 10 2.3 Closing Payment 12 2.4 Post-Closing Adjustments; Payment Adjustment 13 ARTICLE 3 OTHER AGREEMENTS 14 3.1 Access and Cooperation 14 3.2 Disclosure Schedule 15 3.3 Duties Concerning Representations 15 3.4 Deliveries of Information; Consultation 15 3.5 Acquisition Proposals 16 3.6 Public Announcements 17 2.3 Estimated 3.7 Retained Liabilities 17 3.8 Access to Records and Employees 17 3.9 Referrals and Deliveries 18 3.10 Risk of Loss 18 3.11 Allocation of Purchase Price 18 2.4 Payment 3.12 Employee Matters 19 3.13 Effective Time of the Purchase Price 18 2.5 Earnout 19 2.6 Closing Balance Sheet 20 3.14 Use of Name 20 3.15 Intention 20 3.16 Nonassignable Purchased Contracts and Existing Permits 20 3.17 Real Property 21 3.18 Noncompetition 22 3.19 HSR Act 23 3.20 Accounts 23 3.21 Existing Litigation 23 3.22 Parent Shareholder Circular 24 2.7 Purchase Price Settlement 25 2.8 Indemnification Escrow Funds 25 2.9 Transfer Taxes and Vehicle Registration Fees 25 2.10 Allocation 26 2.11 Withholding 26 ARTICLE III Closing and Closing Date Deliveries 26 3.1 Closing 26 3.2 Closing Deliveries by Seller 26 3.3 Closing Deliveries by Purchaser 28 3.4 Cooperation 29 ARTICLE IV Pre-Closing Filings 29 4.1 Government Filings 29 ARTICLE V Pre-Closing Covenants 31 5.1 Due Diligence Review 31 5.2 Maintenance of Business and Notice of Changes 31 5.3 Pending Closing 31 5.4 Consents 33 5.5 Commercially Reasonable Efforts to Close 33 ARTICLE VI Financial Statements; Disclosure Schedule 34 6.1 Pre-Signing Deliveries 34 ARTICLE VII Representations and Warranties 3.23 Cash Management of Seller 34 7.1 Due 24 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE SELLER 25 4.1 Organization; Equity Interests 34 7.2 Authority 35Business 25 4.2 Authorization; Enforceability 25 4.3 No Violation or Conflict 26 4.4 Financial Information; Books and Records 26 4.5 Assets 27 4.6 Contingent and Undisclosed Liabilities 28 4.7 Taxes 28 4.8 Absence of Certain Changes 29 4.9 Existing Plans 29 4.10 Compliance with Law 29 4.11 Litigation 30 4.12 Existing Contracts 30 4.13 Performance of Contracts 32 4.14 Existing Insurance Policies 32 4.15 Environmental Protection 33 4.16 Labor Matters 35 4.17 Brokers 36 4.18 Governmental Approvals 36 4.19 Disclosure 36 4.20 Intangible Assets 37 4.21 Product Matters 37 4.22 Customers 37 4.23 Relationships with Related Parties 37 4.24 Real Property 38

Purchase and Sale; Purchase Price. Allocation and Other Related Matters 17 Section 2.1 Purchase and Sale of Purchased Assets 17 Section 2.2 Assumption and Exclusion of Liabilities 19 Section 2.3 Purchase Price 17 2.3 Estimated Purchase Price 18 20 Section 2.4 Payment Closing 20 Section 2.5 Contract Assignment and Consent 21 Section 2.6 Permit Assignment and Consent 22 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF THE DEBTORS 22 Section 3.1 Organization 23 Section 3.2 Authorization; Corporate Documentation 23 Section 3.3 Subsidiaries 23 Section 3.4 No Breach 24 Section 3.5 Permits 25 Section 3.6 Compliance With Law 26 Section 3.7 Title to and Sufficiency of the Purchase Price 18 2.5 Earnout 19 2.6 Closing Balance Sheet 24 2.7 Purchase Price Settlement 25 2.8 Indemnification Escrow Funds 25 2.9 Transfer Taxes and Vehicle Registration Fees 25 2.10 Allocation Purchased Assets 26 2.11 Withholding Section 3.8 Condition of Personal Property 26 ARTICLE III Closing and Closing Date Deliveries Section 3.9 Accounts Receivable; Accounts Payable 26 3.1 Closing 26 3.2 Closing Deliveries by Seller 26 3.3 Closing Deliveries by Purchaser 28 3.4 Cooperation 29 ARTICLE IV Pre-Closing Filings 29 4.1 Government Filings 29 ARTICLE V Pre-Closing Covenants 31 5.1 Due Diligence Review 31 5.2 Maintenance of Business and Notice of Changes 31 5.3 Pending Closing 31 5.4 Consents 33 5.5 Commercially Reasonable Efforts to Close 33 ARTICLE VI Section 3.10 Intellectual Property 27 Section 3.11 Contracts 27 Section 3.12 Litigation 30 Section 3.13 SEC Reports; Financial Statements; Disclosure Schedule 34 Working Capital 30 Section 3.14 Liabilities 31 Section 3.15 Tax Matters 31 Section 3.16 Employee Benefit Plans 33 Section 3.17 Insurance 36 Section 3.18 Environmental Matters 36 Section 3.19 Healthcare Providers 37 Section 3.20 Vendors 38 Section 3.21 Real Property 39 Section 3.22 Transactions with Certain Persons 41 Section 3.23 Employees; Labor Matters 41 Section 3.24 Brokers 43 Section 3.25 Absence of Changes 43 Section 3.26 Governmental Consents, etc 44 Section 3.27 Government Program Participation 45 Section 3.28 Regulatory Compliance 46 Section 3.29 Franchise Matters 47 Section 3.30 Indebtedness 49 Section 3.31 Bank Accounts 49 Section 3.32 Warranty Matters 49 Section 3.33 Illegal Payments 50 Section 3.34 Non-Controlled Subsidiaries 50 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE BUYER PARTIES 50 Section 4.1 Organization 50 Section 4.2 Authorization 51 Section 4.3 Binding Agreement 51 Section 4.4 No Breach 51 Section 4.5 Litigation 51 Section 4.6 Commitment Letter; DIP Loan 51 Section 4.7 Brokers 52 Section 4.8 GST 52 Section 4.9 No Implied Representations 52 ARTICLE 5 BANKRUPTCY COURT MATTERS 52 Section 5.1 Bankruptcy Court Approval 52 Section 5.2 Bankruptcy Court Filings 52 Section 5.3 Competing Transactions 53 Section 5.4 Administrative Priority 55 ARTICLE 6 COVENANTS 55 Section 6.1 Pre-Signing Deliveries 34 ARTICLE VII Representations and Warranties Affirmative Covenants of Seller 34 7.1 Due Organization; Equity Interests 34 7.2 Authority 35the Debtors 55 Section 6.2 Negative Covenants of the Debtors 56 Section 6.3 Buyer Access 59 Section 6.4 Confidentiality 59